Investor calendar 2008


In 2008 we are planning to release AS Tallinna Vesi financial results on the    
following dates:                                                                

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| 30.01.2008          | preliminary, unaudited financial results for 2007      |
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| 12.03.2008          | audited financial results for 2007                     |
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| 24.04.2008          | 1st quarter financial results for 2008                 |
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| 17.07.2008          | 2nd quarter financial results for 2008                 |
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| 22.10.2008          | 3rd quarter financial results for 2008                 |
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Annual General Meeting of Shareholders is planned to take place on 23 April     
2008.                                                                           

Eteri Harring                                                                   
Head of Treasury and Investor Relations                                         
+372 6262 225                                                                   
eteri.harring@tvesi.ee